Description
CAP RATE OVER 10%!!! Live Oak Apartments- exclusive multifamily property investment opportunity. Fully renovated 15-unit apartment complex is complete, move-in-ready w/high demand. The first new apartment complex to be constructed in years, the building is repurposed from a nursing home. It retains only the slab, exterior walls, and roof trusses. Notable features: PEX plumbing, gravity-fed drain lines, spray-foam insulation, high-efficiency windows & doors, central air in each unit, butcher block countertops, & new SS kitchen appliances. The property incorporates geo-tagged 3D imaging of all infrastructure for easy maintenance. A top-level fire suppression system ensures resident safety, while newly paved parking areas and privately sub-metered utilities provide convenience and efficiency. The complex offers a laundry room contracted w/CSC on a revenue- sharing basis. The units are: one fully furnished 3-bed/2-bath, six 1-bed/1-bath, four 2-bed/1-bath, and four 2-bed/2-bath. Financials available by request
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0BEDS
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1ACRES
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0BATHS
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01/2 BATHS
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12,303SQFT
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$187$/SQFT
© 2023 Central Texas MLS.
Listing courtesy of Amy Seely of Keller Williams, Llc: (512) 883-6076.
Description
CAP RATE OVER 10%!!! Live Oak Apartments- exclusive multifamily property investment opportunity. Fully renovated 15-unit apartment complex is complete, move-in-ready w/high demand. The first new apartment complex to be constructed in years, the building is repurposed from a nursing home. It retains only the slab, exterior walls, and roof trusses. Notable features: PEX plumbing, gravity-fed drain lines, spray-foam insulation, high-efficiency windows & doors, central air in each unit, butcher block countertops, & new SS kitchen appliances. The property incorporates geo-tagged 3D imaging of all infrastructure for easy maintenance. A top-level fire suppression system ensures resident safety, while newly paved parking areas and privately sub-metered utilities provide convenience and efficiency. The complex offers a laundry room contracted w/CSC on a revenue- sharing basis. The units are: one fully furnished 3-bed/2-bath, six 1-bed/1-bath, four 2-bed/1-bath, and four 2-bed/2-bath. Financials available by request
© 2023 Central Texas Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Neal & Neal Team - Keller Williams Realty-City View. Data last updated: 2023-12-08T17:06:19.633.